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CFOs must build ‘strong disclosure’ AI processes: FMI
To use AI effectively, finance chiefs need to build strong governance and ethical frameworks for the tool, FMI’s Ian Schnoor said.
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FTC settles anti-trust suit against Zillow, Redfin
Redfin committed to relaunch its listing service for apartment rentals no longer than six months after an FTC order is finalized.
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Costco fights customer’s tariff suit as refunds flow in
With Costco now recouping some IEEPA duties, the customer’s attorneys said one of the retailer’s primary legal arguments against member refunds had “evaporated.”
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US business activity surges to 52-month high: S&P Global
Strong business investment and high equity prices will likely fuel 2.1% economic growth this year, Goldman Sachs said.
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Firms may shrink healthcare plans to avoid 11.1% cost bump, WTW says
Companies are considering trimming their healthcare costs by restricting eligibility and having workers cover more out-of-pocket expenses, experts say.
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PEX CFO seeks to craft AI ‘shadow ledger’
Finance chief Luke Pritchett aims to use AI agents alongside the company’s books and to remove manual tasks from his team’s docket.
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Economic growth signal rises for first time since 2022: Conference Board
Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board’s senior manager for business cycle indicators.
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Former tobacco CFO takes Coty finance reins
Soraya Benchikh will bring her experience from two decades at the tobacco company to bear as she steps into Coty’s CFO seat.
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Baxter hires new CFO with visa contingency
John Rogers is expected to take the Deerfield, Illinois-based medical device company’s CFO seat on Oct. 1.
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OpinionCFOs face biggest OBBBA tax risk at state level
The federal picture is clear. State conformity is not, and the disparity between the two is where tax exposure is often found.
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Retrieved from Agility Robotics.
Agility Robotics splits CFO-COO role as it prepares to go public
The move role reflects growing demands on both functions as the business expands, CEO Peggy Johnson said.
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SEC charges ex-Tricolor CEO, CFO with fraud following $1.9B collapse
The three executives defrauded their investors through the use of “bogus collateral” and misrepresented the company as healthy despite it being “very close to collapse,” the SEC alleges.
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Many Fed officials flagged inflation threat, possible need to hike rates
“Recent labor demand and consumer spending data suggest that the economy is healthy enough for a rate hike,” Ed Yardeni, president of Yardeni Research, said.
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Courtesy of Patrick Dorsman, Financial Accounting Foundation
FASB taps vice chair, former KPMG partner for next chair
The U.S. accounting standards setter appointed Hillary H. Salo to succeed outgoing chair Richard Jones on July 1, 2027.
Updated Aug. 19, 2026 -
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SEC, FASB advance separate crypto proposals as Clarity Act stalls
Two separate proposals advanced Tuesday by the SEC and the FASB could provide the crypto sector with some regulatory relief.
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Enovix CFO stresses ‘financially prudent’ approach as interim CEO
Enovix executive chairman T.J. Rodgers sought to reassure investors following the CEO announcement, stating it was merely a change in position but not company strategy.
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US manufacturing grows at steady pace, led by business equipment: Fed
Industrial production in July, while falling short of forecasts, aligned with expectations of slower but sustained economic growth.
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EY ties audit turnaround to tech, talent investments
The PCAOB’s 2025 inspection of EY found significant deficiencies in 5% of the audits it examined, down from 28% in 2024.
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AI is showing a revenue payoff: Carnegie Mellon
Despite positive signs on the revenue front, AI adoption has yet to translate into significant operating-margin gains, the study found.
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Executives put the spotlight on AI’s reliability issue
Only 35% of leaders say AI consistently delivers business outcomes, earns regulator confidence and allows control, according to a report from HFS Research and TCS.
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Managers are AI’s best ‘lever,’ Gallup analyst says
The new AI duties come as the average number of employees reporting to managers has risen by nearly 50% since 2013, according to Gallup.
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Most consumers save no money as inflation erodes buying power: EY
The share of credit card balances delinquent for more than 90 days rose to 12.8% in the first quarter of this year from 7.6% in the third quarter of 2022, the Federal Reserve Bank of New York reported.
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Bakkt names new CFO in stablecoin growth push
Equifax alum Matthew White is taking the CFO reins as Bakkt looks to execute on its ongoing pivot to becoming a stablecoin infrastructure provider.
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SEC says it will stop responding to no-action requests ‘entirely’
After sitting out the bulk of the no-action process in the 2025-26 proxy season, the SEC is now considering broader changes to the rule governing shareholder proposals.
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Washington DC mayor signs CPA licensing legislation
The act, which eases educational requirements needed to become a certified public accountant, must now undergo a 30-day congressional review.
